With IPO Delay In Backdrop, Zynga Launches Its New Game
Via Scoop.it – internetbillboards
It appears, turbulence in the stock market has forced Zynga to postpone its IPO for couple of months. With lingering fears of double dip recession, Zynga does not want to risk a poor response from the market. As Gamasutra points out, “For an entity as closely watched as Zynga will be, a tepid start on Wall Street could make potential investors doubt the company’s power in the gaming industry.”
Alan Patricof, managing director of Greycroft Partners LLC told Bloomberg that the IPO may be delayed until November. He also points out that consumer based tech companies need a certain euphoria before they go public. But this does not stop the company from launching new games. Today, it announced the launch of its new social game Adventure World. The game brings in a breath of fresh air — with cool adventures to be done across different continents, puzzles to be cracked and mysteries to be solved.
Show original
Related Reading:
The Secret World of ArriettyDiscover The Secret World Of Arrietty where your imagination comes to life! The studio that brought you Ponyo and the Academy Award-winning Spirited A... Read More >
Facebook as a Public Company: How to Profit from the Initial Public Offering and Play the Stock Like a Professional InvestorThinking about buying some shares in the upcoming Facebook initial public offering?This analysis looks at Facebook not as the social compa... Read More >
Masterclass for Entrepreneurs on the Initial Public Offering: Insights on using the IPO as a funding and exit strategyMasterclass for Entrepreneurs on the Initial Public Offering: Insights on using the IPO as a funding and exit strategyThis Kindle book of ... Read More >
Content Curator Tom George
Founder and CEO of Internet Billboards pioneering inbound advertising. An avid content curator who enjoys finding digital gems out there in cyberspace and sharing them with others. You can also find me here http://www.scoop.it/t/internetbillboards
1 
95 
13
